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                    [Title] => SMC completes acquisition of Australia’s National Foods this month
                    [Summary] => Food and beverage giant San Miguel Corp. (SMC) expects to complete the acquisition of Australian dairy company National Foods Ltd. this month, SMC’s chief financial officer Ferdinand Constantino said.


The purchase will give SMC a third of Australia’s A$3.5-billion dairy industry.


"We hope to complete it this month. We’re just waiting for the necessary approvals," Constantino said.


                    [DatePublished] => 2005-05-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 277468
                    [Title] => SMC may sell minority stake in National Foods
                    [Summary] => San Miguel Corp. (SMC), Southeast Asia’s largest food and beverage conglomerate, may consider eventually disposing up to 49 percent interest in Australian dairy group National Foods Ltd. to allow it to take advantage of other growth opportunities in Asia-Pacific.


In a disclosure to the Australian Stock Exchange, San Miguel Foods Australia Pty Ltd. said the divestment is one of the options being considered to limit the company’s cash outlay and allow it to pursue other expansion initiatives in the region.


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                    [AuthorName] => Zinnia B. Dela Peña
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FONTERRA COOPERATIVE LTD

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                    [ArticleID] => 278251
                    [Title] => SMC completes acquisition of Australia’s National Foods this month
                    [Summary] => Food and beverage giant San Miguel Corp. (SMC) expects to complete the acquisition of Australian dairy company National Foods Ltd. this month, SMC’s chief financial officer Ferdinand Constantino said.


The purchase will give SMC a third of Australia’s A$3.5-billion dairy industry.


"We hope to complete it this month. We’re just waiting for the necessary approvals," Constantino said.


                    [DatePublished] => 2005-05-19 00:00:00
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                    [AuthorName] => Zinnia B. Dela Peña
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                (
                    [ArticleID] => 277468
                    [Title] => SMC may sell minority stake in National Foods
                    [Summary] => San Miguel Corp. (SMC), Southeast Asia’s largest food and beverage conglomerate, may consider eventually disposing up to 49 percent interest in Australian dairy group National Foods Ltd. to allow it to take advantage of other growth opportunities in Asia-Pacific.


In a disclosure to the Australian Stock Exchange, San Miguel Foods Australia Pty Ltd. said the divestment is one of the options being considered to limit the company’s cash outlay and allow it to pursue other expansion initiatives in the region.


                    [DatePublished] => 2005-05-14 00:00:00
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abtest

SMC completes acquisition of Australia’s National Foods this month

By Zinnia B. Dela Peña | May 19, 2005 - 12:00am

Food and beverage giant San Miguel Corp. (SMC) expects to complete the acquisition of Australian dairy company National Foods Ltd. this month, SMC’s chief financial officer Ferdinand Constantino said. The purchase...

Business

SMC may sell minority stake in National Foods

By Zinnia B. Dela Peña | May 14, 2005 - 12:00am

San Miguel Corp. (SMC), Southeast Asia’s largest food and beverage conglomerate, may consider eventually disposing up to 49 percent interest in Australian dairy group National Foods Ltd. to allow it to take...

Business